Common use of Failure to Deliver Possession Clause in Contracts

Failure to Deliver Possession. Tenant recognizes that factors beyond the reasonable control of Landlord may prevent Landlord from delivering the Leased Premises to the Tenant on the Commencement Date, and Tenant is willing to accept that risk. In the event that the Landlord fails to deliver possession of the Leased Premises to the Tenant on the Commencement Date the Landlord shall have no liability whatsoever to Tenant for such failure or any direct or consequential damages arising therefrom, and this Lease shall remain in full force and effect, however, there shall be no Basic Annual Rent or Additional Rent due hereunder until the Landlord is able to deliver possession to the Tenant. In the vent of a delay in delivery of possession to the Tenant, the Commencement Date shall be the date upon which possession is actually delivered to the Tenant, and such date shall be confirmed as otherwise set forth in this Lease.

Appears in 2 contracts

Samples: Sub Lease Agreement (Tactical Air Defense Services, Inc.), Sub Lease Agreement (Tactical Air Defense Services, Inc.)

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Failure to Deliver Possession. Tenant recognizes that factors beyond the reasonable control of Landlord may prevent Landlord from delivering the Leased Premises to the Tenant on the Commencement Date, and Tenant is willing to accept that risk. In In. the event that the Landlord fails FAILS to deliver possession of the Leased Premises to the Tenant on the Commencement Date the Landlord shall have no liability whatsoever to Tenant for such failure or any direct or consequential damages arising therefrom, and this Lease shall SHALL remain in full force and effect, however, there shall be no Basic Annual Rent or Additional Rent due hereunder until the Landlord is able to deliver possession to the Tenant. Tenant- In the vent of a delay in delivery of possession to the Tenant, the Commencement Date shall be the date upon which possession is actually delivered to the Tenant, and such date shall be confirmed as otherwise set forth in this Lease.

Appears in 1 contract

Samples: Commercial Lease (Health Express Usa Inc)

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Failure to Deliver Possession. Tenant recognizes that factors beyond the reasonable control of Landlord may prevent Landlord from delivering the Leased Premises to the Tenant on the Commencement Date, and Tenant is willing to accept that risk. In the event that the Landlord fails to deliver possession of the Leased Premises to the Tenant on the Commencement Date Date, the Landlord shall have no liability whatsoever to Tenant for such failure or any direct or consequential damages arising therefrom, and this Lease shall remain in full force and effect, ; however, there shall be no Basic Annual Rent basic annual rent or Additional Rent additional rent due hereunder until the Landlord is able to deliver possession to the Tenant. In the vent event of a delay in delivery of possession to the Tenant, the Commencement Date commencement date shall be the date upon which possession is actually delivered to the Tenant, and such date shall be confirmed as otherwise set forth in this Lease.

Appears in 1 contract

Samples: Quantum Group Inc /Fl

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